buybacks, dividends, who cares? there is just no growth here. They bought a bunch of businesses spending hundreds of millions and still no growth. Why are they buying declining business segments? Company needs to sell off or spin off it's declining businesses.

Q2 is totally up in the air. What about Q3 and Q4? I can't see how they could make their numbers if they have not already announced major wins. It takes time after an announcement to plan a major rollout

Will Avis now be taking a $500M charge against their stupid ZipCar purchase? Uber totally negates the need for car sharing and rental.

Why didn't Avis go with the IDSY solution that was only $100M vs the ZIP purchase of $500M? At least they would have auto fuel readings, auto check in/check out. They bought ZIP with almost 900K users and 3 years later it still has that many users. No growth and again, with Uber, no need.

FYI - this is why I advocated suing Avis/Hertz/Enterprise. At the very least, IDSY could have said Hertz was getting out of car sharing because they didn't want to pay the royalties. Now they got nothing. Nothing!!

major blow to all the rental companies. With Uber, car sharing is dead. $500M by Avis spent on ZipCar was a total waste of money

WSJ
Pullback in car sharing. The company plans to close its car sharing operations in the U.S. and in some European cities, but it isn’t exiting the business altogether. Hertz will continue to use technology to support stronger parts of the business, including car sharing in Sydney and some carpooling and fleet management services abroad. “Our technology requirements will support this focus, and we will continue to evaluate long-term options in emerging mobility businesses,” Mr. Best said in the email.

Note: article needs correcting of TAXI market cap. I moved decimal place one spot to right

Selz Capital LLC had 700,000 shares of Medallion Financial Corp (NASDAQ:TAXI) with a value of $5.84 million at the end of second quarter, another major new position for the fund, amounting to 1.06% of its total portfolio. Medallion Financial Corp (NASDAQ:TAXI) is a specialty finance company, which through its subsidiaries, is engaged in originating, acquiring, and servicing loans that finance taxicab medallions and various types of commercial businesses. It has a market cap of $221 Million. The company reported a 4% increase in profit for the first quarter of 2015 compared to the first quarter of last year, though its profit in the first quarter was mostly realized through gains earned by the selling of stakes in Generation Outdoor and Medallion Hamptons Holding. The realized gain was $0.32 per share during the quarter. Another prominent shareholder of the stock is Harvest Capital Strategies, founded by Joseph A. Jolson. The fund has 392,881 shares of the company as of March 31.

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